Overview
What is Greater Paris Development Foundation Inc?
Greater Paris Development Foundation Inc is a nonprofit organization situated in Paris, Texas. Their primary objective is to contribute to the growth and improvement of the Greater Paris area. They achieve this by acquiring and managing property as per the discretion of their board of directors. A notable achievement of theirs is the development of a large bicycle pump track, attracting elite competitions and local riders alike. This facility, situated near Love Civic Center, is free for public use, making Paris, Lamar County a popular destination for biking enthusiasts.
Is Greater Paris Development Foundation Inc legitimate?
Greater Paris Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Paris Development Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Greater Paris Development Foundation Inc?
The Greater Paris Development Foundation Inc's mission is centered around acquiring and utilizing property in a manner that benefits the development of its area of interest. The foundation's board of directors has the authority to determine the best use for these properties, with the overall goal of fostering growth and progress. The organization has contributed to the development of Paris, TX, by constructing a large-scale bicycle track, known as the Paris Pump Track. This facility, located near the Love Civic Center, attracts both elite cyclists and local residents, making Paris a popular destination for biking enthusiasts. The track includes a loop designed for beginners, making it accessible to the wider community. The foundation manages this city park, which is free for public use.
Who is the CEO of Greater Paris Development Foundation Inc?
Pat Bassano is the Director of Greater Paris Development Foundation Inc.
What is the revenue of Greater Paris Development Foundation Inc?
Greater Paris Development Foundation Inc's revenue in 2022 was $211,436.
Who are the executives of Greater Paris Development Foundation Inc and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Greater Paris Development Foundation Inc?
Greater Paris Development Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Greater Paris Development Foundation Inc
Greater Paris Development Foundation Inc, as a nonprofit organization, is dedicated to acquiring and managing property for the betterment of the Greater Paris area. With a visionary approach, the foundation's board of directors determines the most suitable use of the acquired property, aiming to contribute to the overall development of the area.
The organization's efforts are not limited to property acquisition and management. One of its significant initiatives is the Paris Pump Track Program, which has constructed a bicycle track, the largest in the United States, located near the Love Civic Center. This cycling facility not only serves as an attraction for elite competitions worldwide but also caters to the needs of local riders, featuring a loop designed for newcomers. The pump track, being a city park, is accessible to the public for free, making Paris, Lamar County, a popular destination for biking enthusiasts. This project, among others, demonstrates Greater Paris Development Foundation Inc's commitment to enhancing its community and fostering growth in unique and engaging ways.
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Impact
October, 2024
Greater Paris Development Foundation Inc significantly enhances the Greater Paris, TX area through strategic property acquisition and management that prioritizes community development. A key initiative, the Paris Pump Track Program, has established the largest bicycle pump track in the United States, located outside the Love Civic Center. This facility not only positions Paris and Lamar County as a premier biking destination but also attracts elite competitions, fostering regional visibility and economic growth.
The design of the pump track caters to both experienced cyclists and beginners, complete with a loop for new riders, thereby promoting inclusivity and encouraging local community engagement. As a public city park, it is accessible and free, serving as a hub for recreational activities and fostering a sense of community among residents. The foundation's efforts contribute to the overall improvement of the area, enhancing the quality of life and creating opportunities for both leisure and tourism.
This information is meant to be a general summary of Greater Paris Development Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $551
- Gross Receipts: $211,436
Assets and Liabilities:
- Total Assets: $121,738
- Total Liabilities: $0
- Net Assets: $121,738
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Organization Details
Founding Year
1984
Phone
(903) 785-8481Principal Officer
Pat Bassano
Main Address
PO BOX 1178, PARIS, TX, 754611178
NTEE Category
Code: S20Z - Community improvement
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